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Attachments: EURUSD
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EURUSD

  • #734,401
  • Dec 18, 2012 3:07am Dec 18, 2012 3:07am
Quoting divak
exit plan? for 2 mini contracts? lol they can bring it to 1.50 it wont hurt me
Good to know and not giving the wrong impressions to others highly leveraged or with 200 standard lots.
  • #734,402
  • Dec 18, 2012 3:08am Dec 18, 2012 3:08am
[quote=SashaP;6303618]
Quoting divak
meaning either ur account is billions dollars,and u have mini lots(so its not gonna hurt you)
Or its just a bullshiet,cause u dont make any money in this case
u guys know what a mini-lot is? 1 pip = 1USD...
100 pips = 100USd
etc....
  • #734,403
  • Dec 18, 2012 3:08am Dec 18, 2012 3:08am
Quoting SashaP
meaning either ur account is billions dollars,and u have mini lots(so its not gonna hurt you)
Or its just a bullshiet,cause u dont make any money in this case
he did said it's 2x mini lot my friend , even if it's nano lot we should have exit strategy otherwise we will have problem later
Mohan
  • #734,404
  • Dec 18, 2012 3:09am Dec 18, 2012 3:09am
short 70.5
Trade What You See Not What You Want To See
  • #734,405
  • Dec 18, 2012 3:09am Dec 18, 2012 3:09am
Quoting Ken A
Good to know and not giving the wrong impressions to others highly leveraged or with 200 standard lots.
i got stuck once being too leveraged, that was a good lessons. Now i treat this with care, especially fridays
  • #734,406
  • Dec 18, 2012 3:10am Dec 18, 2012 3:10am
Quoting pipsallday
short 70.5
Yeah but it can still go up after small retrace wouldnt u say?
  • #734,407
  • Dec 18, 2012 3:12am Dec 18, 2012 3:12am
this thing wont go down until it reaches at least R1 daily, which is 1.3185 at my broker, (u may have different ones)...
it's like a kid, u show him something not to touch, in the next 5 min guess what happens...
  • #734,408
  • Dec 18, 2012 3:12am Dec 18, 2012 3:12am
Quoting mohan76
he did said it's 2x mini lot my friend , even if it's nano lot we should have exit strategy otherwise we will have problem later
basically he is considering losing 2$ times 2000 pips(if it goes to 1.5) meaning 40k$.So whats the poing of trading,if in order to return that back he have to get 2000 pips.And he is keeping low leverage he is stuck with a short in euro/dollar.So again either its a lie or it doesnt make any sence
  • #734,409
  • Dec 18, 2012 3:14am Dec 18, 2012 3:14am
Quoting SashaP
basically he is considering losing 2$ times 2000 pips(if it goes to 1.5) meaning 40k$.So whats the poing of trading,if in order to return that back he have to get 2000 pips.And he is keeping low leverage he is stuck with a short in euro/dollar.So again either its a lie or it doesnt make any sence
u have a problem with maths?
  • #734,410
  • Dec 18, 2012 3:14am Dec 18, 2012 3:14am
Quoting SashaP
basically he is considering losing 2$ times 2000 pips(if it goes to 1.5) meaning 40k$.So whats the poing of trading,if in order to return that back he have to get 2000 pips.And he is keeping low leverage he is stuck with a short in euro/dollar.So again either its a lie or it doesnt make any sence
So 2$ times 2000 = 40k no? Nice...
  • #734,411
  • Dec 18, 2012 3:14am Dec 18, 2012 3:14am
Quoting pipsallday
short 70.5
Bold move! love it.
  • #734,412
  • Dec 18, 2012 3:14am Dec 18, 2012 3:14am
Just because you can click on the reply to thread button doesn’t mean you have to.
To no one in particular.
This its long mumbo jumbo and these traders all agree with me crap is very dangerous.
I see five or is it six daily candles going up and a dojo type thingy majig at the top. Looking to the left of the chart I also see that we have been here before ( twice ).
I would be thinking of selling around this level.
Now back to my first point . good traders are good traders. Me I am crap if I was given the correct direction for 3 out of 5 days in a week I would still lose my money why because it’s not just about direction , it’s about money management ,under leveraging ,exit strategy and a whole lot more which I am trying to get my head around.

Did any one notice Mr hatch throwing in the towel …. This scared me because on the surface he talked the talk, I enjoyed his posts and sense of humour .. If he can’t make it well ………
Oh and by the way best wish’s Mr Hatch you once said good morning to me, I couldn’t reply at the time because I didn’t have 10 vouches. But you took the time and that’s why I like you.

Anyway thank you all for a very entertaing year , and I wish you all a very merry xmas and a happy new year.
  • #734,413
  • Dec 18, 2012 3:15am Dec 18, 2012 3:15am
Quoting MaxDoom
difference of opinion and comprehension are two different things, and scaling in negatively only works if you are right in the end enough times to cover it, but I would not expect some people on here to understand that
hey Max..
sorry if you took what I wrote on the surface as that wasn't directly to you.. I know where you're coming from..
Good pips for you..
  • #734,414
  • Dec 18, 2012 3:15am Dec 18, 2012 3:15am
Quoting Alexone
Yeah but it can still go up after small retrace wouldnt u say?
it sure can
added at 74 BE now 71.1
looking to hit 64 not a big ask
Trade What You See Not What You Want To See
  • #734,415
  • Dec 18, 2012 3:15am Dec 18, 2012 3:15am
Quoting divak
u have a problem with maths?
meant 4k,this was not my point anyways.Why would u even trade?
If it is to spend time in front of a computer,pretending doing smth,then its ok
  • #734,416
  • Dec 18, 2012 3:18am Dec 18, 2012 3:18am
for those who know NOT what bus to take, look at EURjpy. A 0.5%+ retrace is needed in order to rearrange this mess.
I'll shop after the drop
  • #734,417
  • Dec 18, 2012 3:18am Dec 18, 2012 3:18am
Have short running from 75 with a stop 88.NO target yet
left
  • #734,418
  • Dec 18, 2012 3:18am Dec 18, 2012 3:18am
Quoting SashaP
meant 4k,this was not my point anyways.Why would u even trade?
If it is to spend time in front of a computer,pretending doing smth,then its ok
lol do you really think i would wait till 1.50 to take my loss?
it was just an expression. Even in that extreme case, it wouldnt hurt much my account; Thats all, topic closed
  • #734,419
  • Dec 18, 2012 3:19am Dec 18, 2012 3:19am
Quoting SashaP
Have short running from 75 with a stop 88.NO target yet
left
thinking to add a short too, but this is too chaotic now... waiting for GBP data to come out, see how that works
  • #734,420
  • Dec 18, 2012 3:21am Dec 18, 2012 3:21am
Quoting cdndollar
hey Max..
sorry if you took what I wrote on the surface as that wasn't directly to you.. I know where you're coming from..
Good pips for you..
no worries chap

I also know what you are saying and I admit to scaling in sometimes but normally I do so once my first position is proven right and positive, that way I add risk using my profit not my capital
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